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Tuesday, January 05, 2016

Successful Land Sale: $12,900 Per Acre in Wabash Co., Illinois

Successful Land Sale... | Real Estate | Agriculture: A 41.25 acre tract a mile west of Mt. Carmel in Edwards County sold Dec. 30. The tract features 37 tillable acres with Stoy silt loam soils and is classified as Class B. A drainage ditch dissected the field, preventing it from being farmed as one tract.�
The land is leased for 2016 with the buyer getting rental income and sharing expenses. It is a 60/40 crop share lease.
The tract sold for $535,600 ($12,984.24 per acre), which included a 4% buyer's fee

Ohio Agriculture Department recognizes 114 Historic Family Farms - The Highland County Press - Hillsboro, Ohio

Ohio Agriculture Department recognizes 114 Historic Family Farms - The Highland County Press - Hillsboro, Ohio: In 2015, the Ohio Department of Agriculture recognized 114 new century or bicentennial farms owned by the same family for at least 100 or 200 consecutive years. There are now more than 1,200 farms registered across the state in the Ohio’s Historic Family Farms program.

Amazing Farmland Images from Space via Plant Labs.

Amazing Farmland Images from Space via Plant Labs.

A New Year Brings New Challenges | Agweb.com

A New Year Brings New Challenges | Agweb.com: We have now turned to page to a new year and with it will be challenges that need to be faced. The next few weeks will be a time of trying to remember to put 2016 on any checks we write or any other correspondence on which we need to affix a date. These are the least of the challenges that are ahead of us. We can look back at 2015 and see what we could have; should have; or would have done, but that may make some of us depressed. Hind sight is always 20/20. Our main focus needs to be how we can do better in 2016.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher supported by short covering after Monday’s sell-off. The US Dollar is higher while crude oil is mostly steady.

The weather forecast has excellent moisture coverage for Brazil’s soybean growing region the next 7 days with up to another 1 to 2 inches of rain in the 8 to 15 day period. Traders are viewing this news with a negative bias.

Call your Allendale representative and get a special rate for the upcoming conference and Advisory Report.

Next Tuesday the USDA will release 4 major reports all at the same time. Annual Production Summary, likely will see some changes to 2015 production and maybe 2014. Quarterly Stocks will be released on major grains, which trade is looking for some variances in corn. Monthly Supply and Demand will see some changes based on the Quarterly Stocks and Production adjustment. Annual Winter Wheat Seeding could be important but likely will get the least attention.